Tag: Japan

Enfinity Global acquires a 250 MW solar portfolio in Japan

Enfinity Global acquires a 250 MW solar portfolio in Japan

February 21, 2022 |

Enfinity Global Inc., a leading renewable energy and sustainability services company, has announced the $1 billion acquisition of a 250 MW solar photovoltaic portfolio in Japan. Enfinity Global’s platform in Japan will be consolidated as a result of this acquisition, allowing the company to expand further in the country. The acquisition includes three large-scale solar power facilities which are already operational, while five more are in the planning stages across Japan.

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JERA plans to invest $1.4 billion to develop 1 GW solar power

JERA plans to invest $1.4 billion to develop 1 GW solar power

February 3, 2022 |

JERA, Japan’s power generator, announced that it will invest $1.4 billion over the next five years to create 1 GW of solar power farms in Japan, in collaboration with local energy developer West Holdings Corp. To help combat climate change, JERA also plans to increase its renewable energy capacity to 5 GW by 2025, up from approximately 1.5 GW presently.

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Renewable Electricity Procurement in japan

Renewable Electricity Procurement in japan

January 18, 2022 |

The “Renewable Electricity Procurement Guidebook” is annually published by the Renewable Energy Institute for corporate energy users in Japan since January 2018. The 2022 edition details major procurement methods of renewable electricity from Onsite Generation to Green Products, Renewable Energy Certificates and Corporate PPAs with the latest examples and information on cost and availability. Key topics such as Non-fossil Certificates are also discussed.

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Towards Carbon Neutral Steel in Japan

Towards Carbon Neutral Steel in Japan

January 6, 2022 | ,

Industry sectors account for 37% of Japan’s greenhouse gas (GHG) emissions, among which, iron and steel form the largest industrial emitters. Thus, transformation of the upstream steel making process is essential to minimize the carbon footprint of industrial products made in Japan while remaining competitive. 

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Enviva, J-Power sign a MoU to decarbonise power generation in Japan

Enviva, J-Power sign a MoU to decarbonise power generation in Japan

November 17, 2021 |

Enviva Partners, a global renewable energy company specialising in sustainable wood bioenergy, and Tokyo-based utility Electric Power Development Corporation Limited (J-Power) have signed an MoU for the long-term, large-scale supply of sustainable wood biomass from Enviva’s manufacturing facilities in the US to J- Power’s coal-fired power plants in Japan.

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Solar Power Generation Costs in Japan 2021

Solar Power Generation Costs in Japan 2021

October 27, 2021 | ,

In the same way with the 2019 report, the analysis is based on cost information obtained from solar PV power plant operators on investment and operation and maintenance costs and looks again at the current cost structure of solar PV in order to analyze the current status of solar PV generation costs in Japan.

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Eneos Holdings buys Japan Renewable Energy for $1.8 billion

Eneos Holdings buys Japan Renewable Energy for $1.8 billion

October 11, 2021 |

Eneos Holdings Inc, Japan’s largest refiner, plans to buy Japan Renewable Energy for $1.8 billion to expand its low-carbon business, joining a growing list of major global corporations shifting away from climate-altering fossil fuels. Eneos will purchase Japan Renewable Energy from Goldman Sachs and Singaporean sovereign wealth fund GIC in order to achieve net-zero emissions by 2040.

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Amazon announces its first renewable corporate PPA in Japan

Amazon announces its first renewable corporate PPA in Japan

September 9, 2021 |

Amazon has signed a long-term corporate power purchase agreement (corporate PPA) with Mitsubishi Corporation (MC), marking Amazon’s first use of renewable energy in Japan. This corporate PPA has been facilitated by MC Retail Energy Co., Ltd., under which it will provide electricity to Amazon subsidiary Amazon Web Services (AWS), Inc.’s data centres.

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Etrion sells three solar projects for JPY 8.252 billion to a Japanese consortium

Etrion sells three solar projects for JPY 8.252 billion to a Japanese consortium

June 22, 2021 |

Etrion Corporation, which is a solar independent power producer, has completed the sale of its stake in the 13.2 MW Komatsu, 24.7 MW Shizukuishi and 9.3 MW Mito solar projects which are currently operational. The sale has been made to a consortium established by Development Bank of Japan, Kansai Electric Power, and Osaka Gas Co., Ltd. for a value of JPY 8.252 billion, which is equivalent to about $74.8 million.

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50% Emissions Reduction Club: US, Japan, Canada, South Korea

50% Emissions Reduction Club: US, Japan, Canada, South Korea

April 15, 2021 |

The fast-approaching Climate Summit hosted by President Biden offers a tremendous opportunity for some of the world’s biggest contributors to climate change to up their game, raise their climate commitment—and join the “50 Percent Club.” That is a group of countries committing to cut their emissions by at least half by 2030 on a path to net zero emissions no later than 2050. The U.S., Japan, Canada, and South Korea are poised for such a bold move…

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Iberdrola, Cosmo energy and Hitachi Zosen to collaborate on 600 MW offshore wind project in Japan

Iberdrola, Cosmo energy and Hitachi Zosen to collaborate on 600 MW offshore wind project in Japan

March 17, 2021 |

Iberdrola signed a joint-venture agreement with Cosmo Eco Power and HitachiZosen Corp to collaborate on developing a 600 MW offshore wind farm in Japan, known as the Seihoku-oki project. The companies will come together to form the joint venture Aomori-Seihoku-Oki Offshore Wind Godo Kaisha to develop the project. The project site is located off the coast of the Aomori prefecture.

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Hydrogen is expected to play a central role in Japan’s clean energy transition: IEA

Hydrogen is expected to play a central role in Japan’s clean energy transition: IEA

March 9, 2021 |

It has been almost a decade since the Fukushima nuclear accident which resulted in significant disruption to Japan’s energy supply and the country has been making significant efforts to diversify its energy mix. It has been gradually expanding its renewable energy capacity and improving its energy efficiency in order to lower its carbon emissions as well as reduce the dependence on imported fuels. However, the country’s energy supply still remains highly carbon intensive and Japan will need to redouble its efforts to achieve its goal of reaching carbon neutrality by 2050.

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